You are using an older browser version. Please use a supported version for the best MSN experience.

How the Dow Jones industrial average fared on Wednesday

Associated Press Associated Press 9/11/2016

Stocks closed sharply higher Wednesday as investors reacted to Donald Trump being elected president of the United States in an upset victory over Hillary Clinton.

Banks, drugmakers and industrial companies gained the most, while safe-haven assets like utilities slumped. The market hopes that Trump's plans for infrastructure spending, tax cuts and lighter regulation will benefit the economy.

On Wednesday:

The Dow Jones industrial average climbed 256.95 points, or 1.4 percent, to 18,589.69.

The Standard & Poor's 500 index gained 23.70 points, or 1.1 percent, to 2,163.26.

The Nasdaq composite added 57.58 points, or 1.1 percent, to 5,251.07.

For the week:

The Dow is up 701.41 points, or 3.9 percent.

The S&P 500 is up 78.08 points, or 3.7 percent.

The Nasdaq is up 204.70 points, or 4.1 percent.

For the year:

The Dow is up 1,164.66 points, or 6.7 percent.

The S&P 500 is up 119.32 points, or 5.8 percent.

The Nasdaq is up 243.66 points, or 4.9 percent.

image beaconimage beaconimage beacon